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ESG fund insights

30 May 2024

Social and Community Infrastructure: Building the Foundations of Resilient Communities

By ESGCheck

Social and Community Infrastructure: Building the Foundations of Resilient Communities

 

Social and community infrastructure encompasses the essential facilities, services, and spaces that support the well-being, health, education, and social cohesion of communities. This infrastructure is critical in ensuring that communities thrive, providing a framework that supports economic development, social integration, and quality of life.

Health Infrastructure

Health infrastructure is a cornerstone of community well-being. This includes hospitals, clinics, mental health services, and aged care facilities. Access to quality healthcare is a fundamental right, and well-developed health infrastructure ensures that communities can receive timely and effective medical attention. In Australia, for example, the Royal North Shore Hospital in Sydney is a leading example of a comprehensive healthcare facility that serves a large population with a wide range of medical services (NSW Health).

Educational Facilities

Educational infrastructure, including schools, colleges, universities, and vocational training centres, is pivotal in fostering knowledge and skills development. Education empowers individuals, promotes social mobility, and drives economic growth. The University of Sydney, established in 1850, is one of Australia's leading institutions, providing high-quality education and research opportunities (University of Sydney).

Housing and Community Spaces

Adequate housing is fundamental to community stability and personal security. Social housing projects aim to provide affordable and safe living conditions for all socio-economic groups. Additionally, community spaces such as parks, libraries, and community centres foster social interaction and cohesion. The Green Square development in Sydney is an exemplary urban renewal project that combines residential spaces with extensive community facilities, including a library and aquatic centre (City of Sydney).

Transportation Networks

Efficient transportation infrastructure is vital for economic activity and accessibility. It connects people to jobs, education, healthcare, and other services. In Australia, projects like the Sydney Metro enhance urban mobility, reduce congestion, and connect communities more effectively (Sydney Metro).

Digital Infrastructure

In the digital age, access to high-speed internet and digital services is as crucial as physical infrastructure. Digital inclusion ensures that all community members can participate in the digital economy, access online education, and benefit from telehealth services. The National Broadband Network (NBN) in Australia aims to provide reliable and fast internet access across the country, bridging the digital divide (NBN Co).

Environmental Sustainability

Modern community infrastructure must also focus on sustainability to mitigate the impacts of climate change. Green buildings, renewable energy sources, and sustainable waste management systems are integral to resilient infrastructure. Initiatives such as the Barangaroo development in Sydney, which aims for carbon neutrality, exemplify sustainable urban planning (Barangaroo).

Social Services and Support

Social services, including child care, elder care, and disability support, are essential components of community infrastructure. These services ensure that vulnerable populations receive the care and support they need. Organisations like Mission Australia provide a wide range of community services, from homelessness support to youth and family services (Mission Australia).

Conclusion

Investing in social and community infrastructure is vital for building resilient, inclusive, and thriving communities. It supports health, education, housing, transportation, digital connectivity, sustainability, and social services. As communities evolve, continuous investment and innovation in this infrastructure will be crucial in addressing emerging challenges and opportunities.

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Magellan Core ESG Fund

Exclusions Inclusions

Investment Exclusions

TobaccoAlcoholWeaponsFossil fuel exploration, mining and productionGamblingAdult entertainment/pornography

Investment Inclusions

Strategy Equity Long Geography Global
Inception Dec 2020 Investors Retail

Emit Capital Climate Finance Equity Fund

Exclusions Inclusions

Investment Exclusions

TobaccoAlcoholWeaponsFossil fuel exploration, mining and productionHuman rights abusesLabour rights violationsEnvironmental damageCompanies that engage in tax avoidance strategiesGamblingAdult entertainment/pornography

Investment Inclusions

Renewable energy & energy efficiencyClimate action & towards net zeroSustainable water managementCircular economy, reuse & recyclingGreen propertyBiodiversity preservation & conservationHealthy rivers & ocean ecosystemsDiversity & women's empowermentIndigenous business or cultural protectionSocial & community infrastructureSustainable transport
Strategy Equity Long Geography Global
Inception Aug 2022 Investors Wholesale

Magellan Sustainable Fund

Exclusions Inclusions

Investment Exclusions

TobaccoAlcoholWeaponsFossil fuel exploration, mining and productionGamblingAdult entertainment/pornography

Investment Inclusions

Strategy Equity Long Geography Global
Inception Dec 2020 Investors Retail

ESG Check

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